Chinese infrastructure investment growth ramped up from 22.5% in April to 28% in May - the fastest rate in nine months

Chinese infrastructure investment growth ramped up from 22.5% in April to 28% in May - the fastest rate in nine months. That suggests China's leaders are hitting the stimulus pedal hard. Fiscal spending also bounced 25% in a marked break from the 10% average monthly increase in the first four months of the year. The government has twice lowered capital reserve requirements for banks in recent weeks, effectively pumping more money into the system. Even though the central bank is reportedly worried about, it seems to be resorting to pumping more money into the system, as evidenced by the unexpected uptick in May lending. Read More: (VIEW LINK)